IFF Recognized by SAM’s 2019 “Industry Mover” Sustainability Award
February 15 2019 - 4:15PM
Business Wire
Regulatory News:
International Flavors & Fragrances Inc. (NYSE: IFF)
(Euronext Paris: IFF) (TASE: IFF), was recognized for its
sustainability efforts with the 2019 “Industry Mover” award from
SAM, a subsidiary of RobecoSAM which specializes in providing
environmental, social and governance (ESG) data, benchmarks and
ratings. The recognition acknowledges the Company’s top-scoring
performance in economic, social and environmental categories.
“We are thrilled to receive this award from SAM,” said Andreas
Fibig, IFF Chairman & CEO. “Our sustainability efforts are not
only a key enabler of our overall strategy, but also a true passion
here at IFF -- and we place it at the forefront of everything we
do. It is deeply gratifying to have our work and our people
recognized for doing the right thing for the planet.”
SAM’s 2019 scoring is based on its 2018 Corporate Sustainability
Assessment. Using a weighted methodology, SAM evaluates companies
for criteria such as: codes of business conduct, operational
eco-efficiency, climate strategy, water-related risks and
occupational health and safety. Within the top 15% of each
industry, the company that has achieved the largest proportional
improvement in its sustainability performance compared to the
previous year is named the SAM Industry Mover – naming IFF a
top-scorer among 106 companies assessed at the industry-level in
2018.
IFF’s EVP, Chief Global Scientific & Sustainability Officer
Dr. Gregory Yep said, “I am extremely proud of our hard-working
teams around the world that made this distinction possible. They
are the drivers of sustainability at IFF -- identifying new
initiatives, tackling current challenges and continuously defying
the status quo.”
In addition to receiving the Industry Mover award, the Company
earned a spot in SAM’s Sustainability Yearbook for the 2019 year.
Inclusion in the Yearbook requires a qualitative examination of
media coverage and publicly available stakeholder information,
provided by RepRisk ESG Business Intelligence. IFF earned the top
score within the flavor and fragrance industry.
Additionally, the Company was named to:
- Barron’s 100 Most Sustainable
Companies List, recognizing IFF’s exceptional environmental,
social and corporate governance performance
- Vigeo Eiris’ Euronext Vigeo World
120 index, identifying IFF as one of the global leaders of
corporate responsibility within the Euronext universe
- CDP’s “A” List for Climate
Change and Water Security, placing IFF amongst the top-scoring
companies for environmental responsibility
- FTSE Russell’s FTSE4Good
sustainability index, confirming IFF’s commitment to improving
labor standards and working conditions throughout its supply
chains
For more information on sustainability at IFF, visit
iff.com/sustain.
# # #
Meet IFF
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext
Paris: IFF) (TASE: IFF) is a leading innovator of scent, taste, and
nutrition, with over 110 manufacturing facilities, 100 R&D
centers, and 33,000 customers globally. At the heart of our
company, we are fueled by a sense of discovery, constantly asking
“what if?”. That passion for exploration drives us to co-create
unique products that consumers experience in more than 150,000
unique products sold annually. Our 13,000 team members globally
take advantage of leading consumer insights, naturals exploration,
research and development, creative expertise, and customer intimacy
to develop differentiated offerings for consumer products.
Learn more at www.iff.com, Twitter, Facebook, Instagram, and
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20190215005352/en/
Michael DeVeauHead of Investor Relations and Communications
& Divisional CFO, Scent212.708.7164Michael.DeVeau@iff.com